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ElectraTherm Commissions 10 Green Machines

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ElectraTherm Commissions 10 Green Machines ( electratherm-commissions-10-green-machines )

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 Lease product? • Ex) Pipeline compressors o Sold waste heat as opposed to buying waste heat recovery system o Trans Canada o 5MW systems o Metrics that differentiate our product?  $/watt?  Payback?  LCOE?  How do these change by market? By temperate or output range? • Pick installation and compare metrics between ORC and OFC o Applications?  Simple Cycle...peaker plants? • Probably can’t get payback...need to define “simple cycle” application more specifically o Have we considering calling an ORMAT customer to ask about O&M costs...? • Other notes o ORC has had trouble getting traction because capital costs are higher o Generally, in ORC...economics improve with size of systems o Target customers  Large market for eventual retrofits or new builds...reduces market risk  Can’t grow a venture backed business in small, niche markets o Not always about cost of system...will also depend on cost of electricity Interviewee: Name: Damien Thiolet Title: Business Development Manager Company: Cryostar LinkedIn / Other website: http://www.linkedin.com/pub/damien-thiolet/5b/822/57a Email: damien.thiolet@cryostar.com Phone: 33-389-702-727 Date: November 27th, 2012 Interviewed By: Amir Khan Source of Interviewee: Internet Research 63

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